World Perspectives
feed-grains soy-oilseeds wheat

More Things to Keep You Up at Night

Dennis Gartman (of The Gartman Report) reportedly told an audience to short John Deere stock because U.S. farmers won't have any money to buy farm equipment as a result of the 2012 drought. Nothing could be farther from the truth. The U.S. crop insurance program is so good that in some cases, farmers will make more money because of the drought than if they had normal yields. It is a revenue-per-acre insurance program that works off proven yield histories and two price calculation periods. The initial and minimum prices for corn and soybeans were established last February. The next price period is October, which is called the harvest calculation. Barring a total market collapse, the October calculation will be significantly higher than in...

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feed-grains soy-oilseeds wheat

Market Commentary: Energies Collapse on Ceasefire News but Grains Reclaim Early Losses

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Policy Deference; Reasserting Article I; Two-Tailed Dog; EU Imports; WTO Skepticism

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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Egypt is increasingly finding itself caught between Russia and Ukraine, in a battle for supplying its domestic wheat markets. Egypt, the world’s largest wheat importer, is facing political pressure and wooing from both Russian President Putin and Ukrainian President Ze...

feed-grains soy-oilseeds wheat

Market Commentary: Energies Collapse on Ceasefire News but Grains Reclaim Early Losses

Once again, Trump, Iran, and the Middle East were the hub around which the CBOT trade revolved on Wednesday. Late Tuesday, the U.S. agreed to a two-week ceasefire agreement with Iran, just days after President Trump threatened to escalate attacks against the Middle Eastern country. In the annou...

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feed-grains soy-oilseeds wheat

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Regional News  Egypt is increasingly finding itself caught between Russia and Ukraine, in a battle for supplying its domestic wheat markets. Egypt, the world’s largest wheat importer, is facing political pressure and wooing from both Russian President Putin and Ukrainian President Ze...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 30 March - 3 April 2026 Market overview The Russian grains market remained broadly stable during the week, with a slightly firmer undertone. Export values were mostly steady, while the domestic market moved modestly higher. Broader geopolitical tensions had only a limited...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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